# 【News】 Bidding prices of rice imported under SBS continue to decline, raising concerns over negative impacts on domestic market (March 4, 2017) | The Japan Agri News

> Japan's MAFF completed its fiscal 2016 SBS tenders on March 3, with US medium-grain imported rice selling at new lows of about 148 yen per kilogram. Imports remain about 40 percent cheaper than domestic B-class rice.

- Date: 2017-03-04 · published 2017-03-04T12:00:00.000Z
- Category: trade · region Japan · magnitude low
- Page: https://feedsoft.ai/events/72061-news-bidding-prices-of-rice-imported-under-sbs-continue-to-decline-raising
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Persistently low import bids pressure Japanese domestic rice prices, though the impact on global feed-grade rice pricing is limited.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-06-15 | [Rice exports to decline by 10% on restrictions from importing countries \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/64485-rice-exports-to-decline-by-10-on-restrictions-from-importing-countries-economy.md) | +3.2% | -4.0% |
| RICE | 2023-09-21 | [Asia rice: India’s export curbs stall trade; prices in other hubs decline - Markets - Business Recorder](https://feedsoft.ai/events/34185-asia-rice-india-s-export-curbs-stall-trade-prices-in-other-hubs-decline-markets.md) | +1.3% | -0.6% |
| RICE | 2016-11-09 | [Agricultural exports decline marginally in first half of FY17 - Commodities News \| The Financial Express](https://feedsoft.ai/events/73827-agricultural-exports-decline-marginally-in-first-half-of-fy17-commodities-news.md) | +1.9% | +2.7% |
| RICE | 2025-04-03 | [Indian rice turns competitive in the global market, exports may pick up from June  - The HinduBusinessLine](https://feedsoft.ai/events/25057-indian-rice-turns-competitive-in-the-global-market-exports-may-pick-up-from.md) | +2.5% | -3.2% |
| RICE | 2020-04-03 | [As Fears Over Rice Exports Grow, India May Continue Selling - Bloomberg](https://feedsoft.ai/events/53616-as-fears-over-rice-exports-grow-india-may-continue-selling-bloomberg.md) | +1.9% | +17.8% |

## Sources

- english.agrinews.co.jp: http://english.agrinews.co.jp/?p=5914

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.